No financial emergency in Pakistan, says Finance Minister ...Middle East

NEW DELHI: There is no financial emergency in Pakistan but the government will come up with an austerity plan, the country’s Finance Minister Miftah Ismail said on Monday.The minister quashed social media speculation that the government could freeze bank accounts of overseas Pakistanis under the “Roshan Digital Accounts” initiative amid a tight foreign exchange situation.“There is absolutely no plan to freeze foreign currency accounts or Roshan Digital Accounts or take over people’s private lockers. We have never even contemplated these steps. Nor will we ever do it,“ Miftah said.Pakistan is facing difficulties in securing external financing and last month held talks with the International M

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Last updated : 06 June 2022 clock 04:52 PM

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